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Transaction cost theory posits that culture plays a limited role in the choice between JV and WOS. In contrast, research suggests that firms' preferred level of ownership in their foreign subsidiaries is influenced primarily by cultural traits. This study provides additional evidence in this...
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We adopt a two-stage, contingency approach to analyze the relationship between timing of entry and subsidiary survival. We develop and test hypotheses concerning determinants of the timing of entry, and hypotheses about asset-based competitive advantage moderators of timing of entry's influence...
Persistent link: https://www.econbiz.de/10014118897
We examine the timing of foreign market entry by extending neoinstitutional theory's predictions about imitative influences on market entry rates, to include elements of a firm's competitive environment. Our focal construct is a bunched entry, which we define as a foreign market entry made as a...
Persistent link: https://www.econbiz.de/10014034070